$340,000
SOLD OCT 18, 2022

741 University Place Grosse Pointe, MI 48230

4 Beds
2.5 Baths
2,048 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

18% Below List Price

129 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • Gazebo
  • Lewis Maire Elementary School Rated A
  • Covered patio or porch
  • 2 Car Detached Garage

About This Home

As of September 2024

Location! Location! Location! This SPACIOUS mid-century home in fabulous GP City location is just what you have been looking for! Move-in ready with 4 generously sized bedrooms (4th bedroom has an attached all seasons room, 2 and a half baths, galley kitchen with newer appliances, basement rec room and ample storage. Incredible large lot has a fully-fenced private yard with built-in gazebo. Close to everything - 2 blocks from "The village," Library, elementary and high schools. Immediate occupancy. Welcome home!

Last Agent to Sell the Property

Douglas Benoit

Benoit Real Estate Company LLC License #6502418914 Listed on: 05/20/2022

Last Buyer's Agent

Kimberly Valice

License #6501391625

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1927

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50.00x133.00
  • Fenced

Home Design

  • Craftsman Architecture
  • Bungalow
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2,048 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Outdoor Features

  • Covered patio or porch
  • Exterior Lighting
  • Gazebo

Location

  • Ground Level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Grosse Pointe Colony Sub Cyb Subdivision

Listing and Financial Details

  • Assessor Parcel Number 37001020749000
  • $1,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,723

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow, Craftsman
  • Architecture Level: 2 Story
  • Year Built: 1927
  • State Equalized Value: 174800.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Living Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2848
  • Sq Ft Lower Floor: 800
  • Total Sq Ft: 2048
  • Sq Ft Total Bsmt: 1092

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: Lighting, Fenced, Gazebo
  • Foundation Materials: Brick/Mortar
  • Frontage Feet: 50
  • Porch Type: Porch - Covered, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Electricity, Door Opener, Detached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Grosse Pointe

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.15
  • Lot Dimensions: 50.00X133.00
  • Parcel Number: 37001020749000

Tax Info

  • Tax Amount Summer: 3889.0000
  • Tax Amount Winter: 1834.0000
  • Total Tax: 5723.0000
  • Taxable Value: 112934.0000

MLS Schools

  • School District: Grosse Pointe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2024
Closed on
Sep 9, 2024
Sold by
Murphy Patrick and Anstett Amy
Bought by
Bulger Kelly
Seller's Agent
Kimberly Valice
Sine & Monaghan LLC
Buyer's Agent
Shana Sine-Cameron
Sine & Monaghan LLC
List Price
$400,000
Sold Price
$378,500
Premium/Discount to List
-$21,500
-5.38%
Views
178
Current Estimated Value
$416,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,001
Avg. Annual Appreciation
13.05%
Original Mortgage
$371,643
Outstanding Balance
$369,356
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$47,145

Purchase Details

Listed on
May 20, 2022
Closed on
Oct 18, 2022
Sold by
Marilyn M Pillsbury Living Trust
Bought by
Murphy Patrick and Anstett Amy
Seller's Agent
Douglas Benoit
Benoit Real Estate Company LLC
Buyer's Agent
Kimberly Valice
List Price
$415,000
Sold Price
$340,000
Premium/Discount to List
-$75,000
-18.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$306,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2021
Sold by
Pillsbury Marilyn M and Pillsbury Donald R
Bought by
Pillsbury Marilyn M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $378,500 Ata National Title
Warranty Deed $340,000 Ata National Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $371,643 FHA
Previous Owner $306,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $378,500 -4.9% $92 / Sq Ft
08/28/2024 08/28/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $398,000 -0.5% $96 / Sq Ft
08/08/2024 08/08/24 For Sale $400,000 +17.6% $97 / Sq Ft
10/18/2022 10/18/22 Sold $340,000 -2.6% $166 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
09/07/2022 09/07/22 Price Changed $349,000 -3.1% $170 / Sq Ft
06/17/2022 06/17/22 Price Changed $360,000 -8.9% $176 / Sq Ft
06/03/2022 06/03/22 Price Changed $395,000 -4.8% $193 / Sq Ft
05/20/2022 05/20/22 For Sale $415,000 -- $203 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,794 $208,700 $0 $0
2023 $6,479 $190,300 $0 $0
2022 $6,036 $182,300 $0 $0
2021 $5,723 $174,800 $0 $0
2019 $5,944 $154,800 $0 $0
2018 $3,544 $144,900 $0 $0
2017 $3,742 $143,100 $0 $0
2016 $5,334 $136,800 $0 $0
2015 $10,116 $124,000 $0 $0
2013 $9,800 $105,000 $0 $0
2012 -- $95,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Valice

    Seller's Agent in 2024

    Kimberly Valice

    Sine & Monaghan LLC

    (313) 320-2544

    11 in this area

    97 Total Sales

    Kimberly Valice
    Section Image
  • Shana Sine-Cameron

    Buyer's Agent in 2024

    Shana Sine-Cameron

    Sine & Monaghan LLC

    (313) 530-7705

    45 in this area

    304 Total Sales

    Shana Sine-Cameron
    Section Image

  • D

    Seller's Agent in 2022

    Douglas Benoit

    Benoit Real Estate Company LLC

    (586) 747-1230

    2 in this area

    8 Total Sales

    Douglas Benoit
    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2220038824

Realcomp

APN: 37-001-02-0749-000

Michigan Wayne County Grosse Pointe 48230

741 University Place, Grosse Pointe, MI

This home is located at 741 University Place, Grosse Pointe, MI 48230 and is currently priced at $340,000, approximately $166 per square foot. This property was built in 1927. 741 University Place is a home located in Wayne County with nearby schools including Lewis Maire Elementary School, Pierce Middle School, and Grosse Pointe South High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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